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Search Results for: Ethereum

4 Altcoins Under $0.25 Seeing Sharp Increase in Whale Demand This Week

As whale investors with significant capital focus on low-cost altcoins ready for expansion, the cryptocurrency market is humming with activity. Four altcoins valued less than $0.25—Rexas Finance (RXS), Cronos (CRO), Floki (FLOKI), and The Graph (GRT)—are seeing a significant rise in whale demand this week, indicating the possibility of significant

June 6, 2025 5 mins read

XRP Falls 18% Following Ripple-SEC Settlement Motion Rejection

The legal war of Ripple Labs and the SEC of the United States reached another precarious stage on June 5, as a court deadline stared down investors. Since Judge Analisa Torres denied the joint motion filed for an indicative settlement ruling on May 15, XRP price has dropped by 18%,

June 6, 2025 3 mins read

Crypto Market Crash: 1 Billion Liquidated as Elon Musk and Donald Trump Disagree

Two men who once shared a similar thoughts of innovation, disruption, and anti-establishment politics now find themselves at odds, and their rift is rocking the very foundations of the crypto space. Both men have been major market movers in the past, largely indirectly supporting Bitcoin rallies with their tweets, camps,

June 6, 2025 2 mins read

DOJ Seizes $7.74M Crypto Tied to North Korean IT Workers

The Department of Justice of the United States has initiated the seizure of $7.74 million in crypto, reportedly earned by North Korean IT workers by using fake identities and working at blockchain companies as remote contractors.  In April 2023, the funds were frozen in an indictment against Sim Hyon Sop.

June 6, 2025 2 mins read

Self-Custody Giant Safe Unveils Safe Labs: Names Rahul Rumalla CEO 

Newly formed Safe Labs targets enterprise-grade growth and monetization.  Safe Ecosystem Foundation today announced the formation of Safe Labs, a commercial, fully-owned subsidiary dedicated to building enterprise-grade self-custodial solutions. Rahul Rumalla, previously Chief Product Officer at the Safe development studio Core Contributors, has been appointed CEO to drive the Safe

June 6, 2025 3 mins read

Shiba Inu’s Path to 1 Cent Faces Mathematical and Market Reality Challenges: Here’s Why

Shiba Inu supporters continue pushing ambitious price targets despite the meme coin’s struggle to break free from bearish pressure. SHIB remains trapped 85% below its October 2021 peak of $0.00008845, raising questions about whether the coveted one-cent milestone can ever materialize under current market dynamics. The disconnect between community expectations

June 5, 2025 2 mins read

SEC Postpones Decision on Canary’s Spot SUI ETF Application

The U.S. Securities and Exchange Commission (SEC) has now delayed its decision on the application filed by Canary Capital for a spot exchange-traded fund (ETF), which is to be built on the Sui blockchain’s native token. The withdrawal is not unexpected but does emphasize its continued caution in approving direct

June 5, 2025 3 mins read

Hong Kong to Legalize Crypto Derivatives for Professional Investors

The financial markets regulator of Hong Kong has planned to permit derivatives trading for professional investors. The step has been taken to expand product offerings in the asset class and boost the global competitiveness of the city.  The Securities and Futures Commission (SFC) has so far mentioned that its main

June 5, 2025 2 mins read